Agencies define modernized exam reporting principles

Banking

Tuesday, March 12, 2019

Taking the next step in its project to modernize federal examination processes, the Federal Financial Institutions Examination Council (FFIEC) recently issued a policy statement aimed at promoting clarity and consistency of reports of examination.

The principles include expectations for what information should be included in ROEs, as well as guidance on how that information should be presented to promote consistency, clarity and ease of reference, among other things.

Find out more details about the principles set forth in the new policy statement.

The Federal Reserve Board, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. have issued information on the host state loan-to-deposit ratios, which are used to determine compliance under Section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. Review the ratios in Dodd Frank Update’s Library.